Authorities of St. Petersburg said that construction of Piter Arena can’t be completed

St. Petersburg authorities have stated that completing the Piter Arena stadium is impossible.

According to the chairman of the city committee on construction Sergei Morozov, the committee came up with the numbers, indicating that it is impossible to complete the construction.

Earlier it was reported that the committee sent amendments to the city budget to parliament about increasing the cost of the arena by 4.3 billion rubles (approx. $65 million – RRT). Morozov said that “the two state contracts exceed the estimated cost: it is additional work and applting individual indexes.”